Soybean Oil Price Historical Overview and Facts Worth Knowing
During the 2015–2016 crop year and the 2019–2020 crop year, global soybean oil supply grew at a steady 3 percent CAGR. Output for the current crop year (2019–2020) is expected to decline by 2-3 percent compared to the previous crop year (2018–2019). Still, the overall supply is expected to increase due to the prior year’s …
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